| The bank took a debenture over the company's undertaking to secure the overdraft facilities granted to it. |
| The debenture holders, who own the seats, see the value of their debentures continue to rise. |
| If an applicant meets the school's standards, a debenture places him at the head of the queue. |
| In return, Gary wanted security by way of a debenture over the company's assets and Eddie and I agreed. |
| The scheme could be a one-off pledge or renewable annually as a type of debenture or membership fee. |
| The finance company is unable to repay their debenture due to defaults on their loan book, so they are unable to recoup their principal. |
